Oppenheimer Maintains a Hold Rating on Target Hospitality (TH)
In a report released today, Scott Schneeberger from Oppenheimer maintained a Hold rating on Target Hospitality (TH). The company’s shares closed last Monday at $1.40, close to its 52-week low of $1.19.
According to TipRanks.com, Schneeberger is a 4-star analyst with an average return of 6.7% and a 59.5% success rate. Schneeberger covers the Services sector, focusing on stocks such as Fleetcor Technologies, Service International, and General Finance.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Target Hospitality with a $2.00 average price target.
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Target Hospitality’s market cap is currently $148.5M and has a P/E ratio of 5.80. The company has a Price to Book ratio of -5.45.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TH in relation to earlier this year.
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Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. Its services include catering, housekeeping and maintenance, recreation and leisure, fitness, security, and transportation. The company was founded in July 12, 2017 and is headquartered in The Woodlands, TX.